Westlake Chemical (WLK) Tops Q3 EPS by 42c

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Westlake Chemical Corporation Announces Third Quarter 2016 Earnings

November 8, 2016 6:40 AM EST

Completed the strategic acquisition of Axiall Corporation during the third quarter of 2016. Westlake is now the third-largest global PVC producer and third-largest global chlor-alkali producer; Westlake remains the largest global specialty PVC producer and the largest LDPE producer in the Americas.

HOUSTON--(BUSINESS WIRE)-- Westlake Chemical Corporation (NYSE: WLK) today reported net income of $65.7 million, or $0.51 per diluted share, on net sales of $1,279.0 million for the quarter ended September 30, 2016. This represents a decrease in net income of $117.9 million, or $0.88 per diluted share, compared to... More